economy

economy

Lilongwe floors back to daily trading

Lilongwe floors back to daily trading

Africa-Press - Malawi. Lilongwe tobacco auction floors are back to daily operations from operating for three days a week. Initially, the market was operating...
Nocma guarantees consistent fuel supply

Nocma guarantees consistent fuel supply

Africa-Press - Malawi. National Oil Company of Malawi (Nocma) says it is importing a combined 60 million litres of petrol and diesel for the...
Business operators bemoan slow Free Wi-Fi By Gary Samati

Business operators bemoan slow Free Wi-Fi By Gary Samati

Africa-Press - Malawi. Some business persons at Blantyre Market have called upon authorities to improve the free Wi-Fi initiative, saying the facility is usually...
Reserve Bank of Malawi speaks on Kwacha volatility

Reserve Bank of Malawi speaks on Kwacha volatility

Africa-Press - Malawi. Reserve Bank of Malawi (RBM) Governor Wilson Banda has hinted that official rates pegging the dollar at K825 are only for...
JCM adds 20mw to national grid

JCM adds 20mw to national grid

Africa-Press - Malawi. Barely a month after Malawi said goodbye to diesel power producer Aggreko, solar power producer JCM Power, in conjunction with InfraCo...
Rising cost of living hits consumers hard

Rising cost of living hits consumers hard

Africa-Press - Malawi. Malawians continue digging deeper in their pockets to sustain their livelihoods as the cost of living in households continues rising. Figures...
Tobacco sales start high in Mzuzu

Tobacco sales start high in Mzuzu

Africa-Press - Malawi. The tobacco market at the Mzuzu Auction Floors opened Monday on a higher note, with the highest quality leaf fetching as...
Tobacco rakes in $11.1 million

Tobacco rakes in $11.1 million

Africa-Press - Malawi. Earnings from tobacco, Malawi’s main cash crop, has hit $11.1 million in the first five weeks of sales, figures from AHL...
Admarc yet to enter market

Admarc yet to enter market

Africa-Press - Malawi. State-run grain trader, the Agricultural Development and Marketing Corporation (Admarc), is yet to start purchasing maize, a situation market experts say...
Mixed views on Kwacha footing

Mixed views on Kwacha footing

Africa-Press - Malawi. The Reserve Bank of Malawi (RBM) has said the local unit, the Kwacha, showed signs of resilience against other main trading...